Maire Tecnimont SpA (LTS:0QEP) Days Sales Outstanding : 82.78 (As of Mar. 2024)

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What is Maire Tecnimont SpA Days Sales Outstanding?

Maire Tecnimont SpA's average Accounts Receivable for the three months ended in Mar. 2024 was €1,129 Mil. Maire Tecnimont SpA's Revenue for the three months ended in Mar. 2024 was €1,244 Mil. Hence, Maire Tecnimont SpA's Days Sales Outstanding for the three months ended in Mar. 2024 was 82.78.

The historical rank and industry rank for Maire Tecnimont SpA's Days Sales Outstanding or its related term are showing as below:

LTS:0QEP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.81 Med: 71.44 Max: 104.72
Current: 65.16

During the past 13 years, Maire Tecnimont SpA's highest Days Sales Outstanding was 104.72. The lowest was 45.81. And the median was 71.44.

LTS:0QEP's Days Sales Outstanding is ranked better than
56.67% of 1641 companies
in the Construction industry
Industry Median: 72.53 vs LTS:0QEP: 65.16

Maire Tecnimont SpA's Days Sales Outstanding increased from Mar. 2023 (64.45) to Mar. 2024 (82.78).

Maire Tecnimont SpA Days Sales Outstanding Historical Data

The historical data trend for Maire Tecnimont SpA's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Maire Tecnimont SpA Days Sales Outstanding Chart

Maire Tecnimont SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.30

85.56

73.20

63.75

80.47

Maire Tecnimont SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															64.45	58.62	51.78	70.43	82.78

Competitive Comparison of Maire Tecnimont SpA's Days Sales Outstanding

For the Engineering & Construction subindustry, Maire Tecnimont SpA's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Maire Tecnimont SpA's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Maire Tecnimont SpA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Maire Tecnimont SpA's Days Sales Outstanding falls into.

Maire Tecnimont SpA Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Maire Tecnimont SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (704.182	+	1161.811)	/	2 )	/	4231.721	*	365
=	932.9965					/	4231.721	*	365
=	80.47

Maire Tecnimont SpA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1161.811	+	1096.027)	/	2 )	/	1244.495	*	365 / 4
=	1128.919					/	1244.495	*	365 / 4
=	82.78

Maire Tecnimont SpA (LTS:0QEP) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Maire Tecnimont SpA Days Sales Outstanding Related Terms

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Maire Tecnimont SpA (LTS:0QEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Maire Tecnimont SpA (LTS:0QEP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MAIRE:Italy MAIREm:UK 3OY1:Germany

Address

Via Gaetano De Castillia 6A, Milan, ITA, 20124

Website

https://www.mairetecnimont.com

Maire Tecnimont SpA is an Italy-based company that provides engineering and construction services and products through its subsidiary. The company operates through two segments. The Hydrocarbons business unit segment designs and constructs plants, for the natural gas chain involving separation, treatment, liquefaction, transport, storage, regasification and compression, and pumping stations. The Green Energy business unit segment is involved in undertaking mechanical plastics recycling and the promotion of recycled chemicals.

Maire Tecnimont SpA (LTS:0QEP) Headlines

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